Price for Spices; Vanilla, Not Crushed or Ground in Austria - 2023
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Austria (CIF) - 2022
- Price for Spices; Vanilla, Not Crushed or Ground in Austria (FOB) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Austria
- Exports of Spices; Vanilla, Not Crushed or Ground in Austria
Price for Spices; Vanilla, Not Crushed or Ground in Austria (CIF) - 2022
The average import price for vanilla stood at $187,341 per ton in 2022, waning by -18.6% against the previous year. In general, the import price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 97% against the previous year. Over the period under review, average import prices reached the peak figure at $414,011 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($380,401 per ton), while the price for Germany ($143,867 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+67.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Not Crushed or Ground in Austria (FOB) - 2022
The average export price for vanilla stood at $316,945 per ton in 2022, with a decrease of -38.9% against the previous year. Overall, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 91%. Over the period under review, the average export prices hit record highs at $685,921 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($848,225 per ton), while the average price for exports to South Korea ($116,181 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Vanilla, Not Crushed or Ground in Austria
Imports of vanilla into Austria was estimated at 11 tons in 2022, surging by 10% compared with the year before. Over the period under review, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year.
In value terms, imports of vanilla declined to $2.1M in 2022. In general, imports, however, recorded a precipitous decline.
| Import of Spices; Vanilla, Not Crushed or Ground in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 914 | 1,399 | 1,193 | 1,302 | 12.5% |
| France | 103 | 1,009 | 923 | 767 | 95.3% |
| Madagascar | 4,026 | 2.2 | 38.6 | 0.6 | -94.7% |
| United States | N/A | N/A | 35.1 | N/A | 0% |
| Czech Republic | 125 | N/A | N/A | N/A | 0% |
| Others | 339 | 236 | 134 | 12.3 | -66.9% |
| Total | 5,507 | 2,646 | 2,324 | 2,082 | -27.7% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Austria in 2022:
- Germany (9.0 tons)
- France (2.0 tons)
Exports of Spices; Vanilla, Not Crushed or Ground in Austria
In 2022, the amount of vanilla exported from Austria declined dramatically to 1.9 tons, with a decrease of -35.7% on the previous year's figure. Over the period under review, exports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 87% against the previous year. As a result, the exports reached the peak of 2.9 tons, and then contracted sharply in the following year.
In value terms, exports of vanilla contracted rapidly to $597K in 2022. In general, exports faced a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 42%. As a result, the exports reached the peak of $1.5M, and then dropped notably in the following year.
| Export of Spices; Vanilla, Not Crushed or Ground in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 224 | 236 | 392 | 144 | -13.7% |
| Russia | 229 | 246 | 250 | 89.5 | -26.9% |
| Germany | 79.4 | 97.3 | 188 | 86.5 | 2.9% |
| Czech Republic | 115 | 149 | 167 | 64.4 | -17.6% |
| Switzerland | 153 | 92.5 | 154 | 56.5 | -28.3% |
| Croatia | 70.7 | 26.6 | 59.2 | 25.2 | -29.1% |
| Slovenia | 98.1 | 55.5 | 90.2 | 23.5 | -37.9% |
| Hungary | 57.1 | 47.9 | 56.8 | 21.9 | -27.3% |
| Italy | 55.8 | 25.0 | 24.3 | 17.4 | -32.2% |
| South Korea | N/A | N/A | N/A | 13.5 | 0% |
| Others | 92.7 | 97.7 | 139 | 54.6 | -16.2% |
| Total | 1,175 | 1,073 | 1,520 | 597 | -20.2% |
Top Export Markets for Spices; Vanilla, Not Crushed or Ground from Austria in 2022:
- Poland (424.0 kg)
- Czech Republic (326.0 kg)
- Switzerland (309.0 kg)
- Russia (248.0 kg)
- South Korea (116.0 kg)
- Germany (102.0 kg)
- Croatia (88.0 kg)
- Hungary (68.0 kg)
- Slovenia (66.0 kg)
- Italy (57.0 kg)
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This report provides an in-depth analysis of the vanilla market in Austria.
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This report provides an in-depth analysis of the global vanilla market.
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This report provides an in-depth analysis of the vanilla market in Austria.
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This report provides an in-depth analysis of the global vanilla market.
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In 2016, the vanilla market dropped to X tons, caused by the reduction of global vanilla production due to harvest cuts in Madagascar and Indonesia. At the same time, demand for vanilla continues to grow against the backdrop of growing demand from
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Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
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In 2015, global consumption of vanilla amounted to X tons, standing approx. at the 2014 level. One year before there was a fall by X% caused by the reduction of vanilla production in Indonesia; from 2007 to 2013, va
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The value of total imports on the global vanilla market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of vanilla reached X tons i
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From 2007 to 2015, global exports of vanilla grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports on the global vanilla market reached X tons in 2015, which was X tons (or X%) more than the year before.
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The global production of vanilla was estimated at X tons in 2015, an increase of X tons against the figure for 2013, and X tons (or X%) less than the peak production level recorded in 2011.
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From 2007 to 2015, global vanilla market consumption decreased by -X% annually. The highest annual rates of growth in terms of vanilla consumption between 2007 and 2015 were registered in India, with a +X% growth, due to the increased number of va
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Although widely considered a standard commodity, vanilla requires highly labor-intensive methods of cultivation that make it the second most expensive spice in the world, surpassed only by saffron.
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France dominates in the global vanilla trade. In 2014, France exported X thousand tons of vanilla totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total vanilla exports in val
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In 2016, the vanilla market dropped to X tons, caused by the reduction of global vanilla production due to harvest cuts in Madagascar and Indonesia. At the same time, demand for vanilla continues to grow against the backdrop of growing demand from
